WeWork Sells Tech Startup Teem

WeWork has sold off the meeting space technology company Teem, which it acquired in 2018, reported Bisnow. Workplace solutions firm iOffice announced it had acquired the tech startup on Monday with no specifics.

Founded in 2012, Teem offers digital meeting tools, conference room displays and visitor management software that serves over 3,500 companies.

This is the latest divestiture by WeWork after returning Conductor back to its founder last month. WeWork has also been rumoured to want to sell Managed by Q, Meetup, Wave Garden and The Wing as part of its plan to return to profitability, following its aborted IPO.